DOVER — Nickolas Skaltsis has yet to be indicted, with another list made public from Strafford County Superior Court on Tuesday from the most recent grand jury, without his name listed.

According to Senior Assistant Attorney General for Consumer Protection James Boffetti, unless the state asks for an extension, they have 90 days from the day a case is bound over from circuit to superior court, usually on the day of the probable cause hearing, before a grand jury trial.

Skaltsis waived his probable cause hearing on Friday, Feb. 1. Next Wednesday, May 1, marks the 90th day since that hearing. Unless an extension is filed by the state, Skaltsis’ case is due in the next grand jury session.

During grand jury trials, according to the New Hampshire Department of Justice Office of the Attorney General website, a panel of people determines whether or not there is sufficient evidence to indict a defendant. These trials are confidential.

As far as extensions for a grand jury trial go, Boffetti said they should be filed before the 90 days are up, but there are no specific deadlines for filing them.

“You have to give the court enough time to act on motions, so you want to get it in within that 90 days,” he said.

Skaltsis was charged with 19 felony counts of theft on Jan. 24 for operating a fraudulent investment scheme. The Securities Regulation Bureau said he owes $327,500 to local residents and is more than $1.2 million in debt.

He is currently a patient in the New Hampshire State Hospital in Concord after attempting suicide in October. The Attorneys General’s office said when he is discharged from the hospital his bail becomes $300,000 cash only.

Just last week, Foster’s reported that a motion for a bail hearing was filed by Skaltsis’ public defender Carl Swenson on April 12. The court documents state the hospital is currently preparing or has already authorized a discharge plan for Skaltsis to be released.

According to a letter Skaltsis wrote to the court in March, a New Hampshire court involuntarily committed him to the hospital for a year.

This bail hearing, according to Boffetti, was most likely filed so Swenson could ask the court to reduce the bail amount so Skaltsis would not have to go to the House of Corrections.

A grand jury sat last week when Skaltsis’ case was not quite at the end of its deadline.

Although Boffetti is unable to speak specifically to Skaltsis’ case because grand jury cases are confidential, he said cases do not have to wait 90 days to go to trial. He said the 90-day rule is a way to keep the cases moving forward so the state can see an indictment.

“It is really just a way to make sure cases keep moving along in the system,” he said.

Boffetti said it is important to note the Skaltsis case is very much on his radar screen.

“It is actively under investigation,” he said. “The state will do what it needs to do so people have their day in court.”